Limitation on Demand Registrations. Notwithstanding anything to the contrary set forth in Section 3(a), the Company shall not be obligated to file a Registration Statement with respect to a Demand Registration upon a request by the Initiating Holders under Section 3(a) if (i) the Company has any other Registration Statement on file but not yet declared effective, (ii) the Company has filed any other Registration Statement that has an effective date within a period of 180 days prior to the filing of the Registration Statement with respect to the Demand Registration, or (iii) Registrable Securities having an anticipated aggregate net offering price of less than $7,500,000 are to be registered in such Demand Registration.
Appears in 3 contracts
Samples: Stock Purchase Agreement (Superior National Insurance Group Inc), Registration Rights Agreement (Superior National Insurance Group Inc), Registration Rights Agreement (Capital Z Financial Services Fund Ii Lp)
Limitation on Demand Registrations. Notwithstanding anything to the contrary set forth in Section 3(a), the Company shall not be obligated to file a Registration Statement with respect to a Demand Registration upon a request by the Initiating Holders under Section 3(a) if (i) the Company has any other Registration Statement on file but not yet declared effective, (ii) the Company has filed any other Registration Statement that has an effective date within a period of 180 days prior to the filing of the Registration Statement with respect to the Demand Registration, or (iii) Registrable Securities having an anticipated aggregate net offering price of less than $7,500,000 are to be registered in such Demand RegistrationRegistration or (iv) the Company has paid the Registration Expenses for the maximum number of Demand Registrations for which it is obligated to pay under Section 3(d).
Appears in 2 contracts
Samples: Registration Rights Agreement (Superior National Insurance Group Inc), Registration Rights Agreement (Insurance Partners Lp)